Assurance built for technology companies.
AsuraTrust provides independent audit, review, and other assurance services designed for software and technology companies.
Technology businesses concentrate the judgment-heavy side of GAAP: subscription and multi-element revenue under ASC 606, capitalized software costs, stock-based compensation, and deferred revenue that outsiders read as closely as the income statement. And because growth runs on outside capital, the people around the company — investors, venture and bank lenders, and eventual acquirers — expect financial reporting they can rely on. AsuraTrust is a Tampa-based CPA Firm licensed in the state of Florida, and our remote engagement model allows us to serve technology companies in the Tampa area and beyond.
Whether your investors have asked for audited financials, a raise is coming together, or diligence is on the horizon, schedule a free consultation today.
Who relies on a technology company’s financial statements.
Investors & Capital Raises
Investor reporting during capital raises often requires reviewed or audited financial statements — and investor-rights agreements commonly carry annual reporting obligations that outlive the round.
Venture & Bank Debt
Venture lenders and banks underwrite against the financial statements and monitor them through covenants — reliable reporting keeps the facility working for you.
Acquirers & Diligence
Exits and strategic acquisitions bring diligence — buyers test revenue quality, deferred revenue, and the accounting behind the metrics before they commit.
Boards & Agreements
Boards and the agreements behind them — investor rights, credit, and stock plans — set reporting expectations the finance function has to meet on schedule.
The reporting issues that define technology companies.
SaaS & Multi-Element Revenue
Revenue recognition for SaaS and multi-element arrangements is an ASC 606 focus area requiring significant judgment — identifying performance obligations, allocating prices, and timing recognition correctly.
Deferred Revenue & Contract Balances
Deferred revenue and contract asset and liability classifications require detailed assessment — they bridge the gap between what’s billed, what’s collected, and what’s actually earned.
Capitalized Software Costs
Internal-use software and SaaS implementation costs follow ASC 350-40, while software to be sold or licensed follows its own model — and the line between expensing and capitalizing takes judgment.
Stock-Based Compensation
Equity compensation under ASC 718 requires valuation and disclosure review — option grants and vesting terms carry real expense the statements have to reflect.
Engagements we perform for technology companies.
Audits
Independent financial statement audits conducted under GAAS — the highest level of assurance, and the request that tends to arrive with institutional capital.
Reviews
Financial statement reviews offer a cost-effective, moderate level of assurance that earlier-stage investors and lenders often accept.
Compilations & Preparation
Compilations and financial statement preparation deliver professionally prepared statements when assurance isn’t required yet.
Quality of Earnings
Quality of earnings analyses support buyers, sellers, and investors in technology transactions — where recurring-revenue quality is the heart of the price.
Internal Controls
Internal controls consulting helps the finance function scale with the company — billing, revenue cutoffs, and close discipline before they become diligence findings.
Agreed-Upon Procedures
Agreed-upon procedures provide targeted, factual reports on specific questions from investors, lenders, or other stakeholders.
Serving more than technology — explore all of the industries we serve.
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Questions technology companies ask us.
Our term sheet calls for audited financials — where do we start?
Earlier than you think: a first audit covers opening balances and prior activity, so the accounting decisions you’ve already made — revenue, capitalization, equity grants — all come into scope. An early conversation lets us set the timeline and request list before the pressure arrives.
Is ARR the same as our GAAP revenue?
No — ARR and bookings are operating metrics. GAAP revenue is what’s recognized under ASC 606 as performance obligations are satisfied, with unearned amounts sitting in deferred revenue. Investors read both, which is exactly why the bridge between them needs to hold up.
Should we capitalize our development costs?
It depends on what you’re building and for whom: internal-use software — including SaaS platforms — follows ASC 350-40, software to be sold or licensed follows its own model, and the expensing-versus-capitalizing line takes judgment we evaluate as part of the engagement.
Can our audit be performed remotely?
Yes. Our remote engagement model is designed for it — document exchange, walkthroughs, and status meetings all happen remotely, with the same professional standards and the same licensed CPA supervision.
Considering an audit or review?
Connect with us to discuss how our services can provide the support you need.
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